The Grow Your Wealthy Mindset Podcast

Elisa Chiang
  • 5.0 (15)
  • Arts
  • Updated Weekly

Grow your wealth by working on your mindset and up leveling your game. Your thoughts about money have created your current financial net worth. Sadly, there are many physicians who are have earned a good income but have not built wealth. More and more physicians are becoming burned out as our health care system continues to change. Join the movement of physicians embarking on the journey to take matters in our own hands so we can continue to thrive. Tune in each week to learn more on how to grow your wealthy mindset! Imagine your life when you have the financial knowledge to create wealth so you can practice medicine on your own terms. Please subscribe and leave a review on your favorite Podcasting platform. You can learn more about Elisa at her website or follow her on social media. Website: www.GrowYourWealthyMindset.comInstagram https://www.instagram.com/GrowYourWealthyMindsetFacebook https://www.facebook.com/ElisaChianghttps://www.facebook.com/GrowYourWealthyMindsetYouTube: https://www.youtube.com/c/WealthyMindsetMDLinked In: www.linkedin.com/in/elizabeth-chiang-0582a432

  1. 6d ago

    Episode 218: The Simple Transition Every High-Earner Needs to Make: Saver to Investor

    Send us Fan Mail Are you a master saver who feels completely lost when it comes to investing? In this episode, I tackle the "saver’s dilemma": having plenty of cash in the bank, but letting inflation erode its value out of fear, confusion, or lack of time. I  break down simple, low-effort steps to immediately boost the interest rate on your cash using High-Yield Savings Accounts (HYSAs) and Cash Management Accounts (CMAs). Then, I take the fear out of the stock market by revealing how to kickstart your investment journey using low-cost index funds—no complex strategies or high-fee advisors required. Key Takeaways Stop Earning Less Than 3%: Why keeping all your cash in a traditional brick-and-mortar savings account is costing you money every month.HYSA vs. Cash Management Accounts: A practical comparison of top platforms like Fidelity, Vanguard, Wealthfront, Capital One, and Ally.Index Funds Made Simple: Why total stock market and S&P 500 index funds serve as the ideal foundation for any portfolio.Lump Sum vs. DCA: How to transition your idle cash into the market in a way that respects your risk tolerance.Resources & Mentions Episode 16: Index Fund Investing (Sept 13, 2022)Episode 40: Lump Sum vs. Dollar-Cost Averaging Strategies (March 1, 2023)Episode 90: Optimizing Your Banking (Feb 14, 2024)Episode 153: How to Choose a Good Index Fund (April 30, 2025)Wealthfront Referral Link: Get a temporary interest rate boost on your cash balance: https://www.wealthfront.com/c/affiliates/invited/AFFD-ETUB-658Z-SN6BRecommended Index Funds Total US Stock Market: Vanguard VTSAX (mutual fund) or VTI (ETF)Fidelity FSKAX for taxable accounts, can consider Fidelity FZROX for individual retirement accountsCharles Schwab SWTSX or SCHB (ETF)iShares ITOTS&P 500 Index Fund: Fidelity FXAIX Schwab SWPPXVanguard VFIAX or VOO (ETF)SPDR Portfolio SPY (ETF)iShares IVV (ETF).  Please subscribe and leave a review on your favorite Podcasting platform.  Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang  Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...

  2. Sep 23

    Replay Episode 11: Can Money Buy You Happiness?

    Send us Fan Mail Can money actually buy happiness? While we often hear that it can't, psychological and behavioral research tells a more nuanced story. Beyond securing life’s basic necessities, extra income hits a ceiling of diminishing returns—and higher wealth can even bring unforeseen traps like social isolation, reduced generosity, and time scarcity. In this episode, we break down landmark studies on income satisfaction and explore actionable ways to shift your spending habits to maximize joy, connection, and peace of mind.   Cited Research & Resources: Book: Happy Money: The Science of Smarter Spending by Elizabeth Dunn & Michael NortonIncome & Happiness Study: Kahneman, D., & Deaton, A. (2010). "High income improves evaluation of life but not emotional well-being." PNAS.Prosocial Spending Cross-Cultural Study: Aknin, L. B., et al. (2013). "Prosocial spending and well-being: Cross-cultural evidence for a psychological universal." Journal of Personality and Social Psychology. PubMed LinkIdeal Life Satisfaction: Jebb, A. T., et al. (2018). "Happiness, income satiation and turning points around the world." Nature Human Behaviour.Please subscribe and leave a review on your favorite Podcasting platform.  Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang  Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...

  3. Sep 16

    Episode 217: Why Money Won't Cure Your Financial Anxiety

    Send us Fan Mail If you could make ONE problem in your life disappear tomorrow, would it be money? In this episode, we dive into a surprising truth: no amount of money will automatically make you stop worrying about money. Whether you’re living paycheck to paycheck or sitting on millions, financial anxiety is often driven by mindset rather than math. We break down the false promise of worry, share personal stories around canceled contracts and family health concerns, and explore the unique financial pressures facing physicians today. Plus, we cover three practical strategies to move from passive anxiety to proactive financial freedom—including how your primary asset shifts as your net worth grows. Key Takeaways: Worry is Not Preparation: Worrying doesn't solve future problems; it just trades away your present peace.The Income Paradox: High earners and physicians often fall into "lifestyle lock-in," building high fixed costs that turn minor income dips into major stress.The Wealth Transition: Early in your career, your ability to practice medicine is your greatest asset. Over time, as your portfolio grows, your financial capital takes over—making clinical work a choice, not a necessity. 3 Steps to Financial Control: Protect your flexibility by keeping fixed monthly overhead low.Protect your income early on with disability insurance and emergency reserves.Automate peace of mind through reverse budgeting.Please subscribe and leave a review on your favorite Podcasting platform.  Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang  Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...

  4. Sep 9

    Replay Episode 2: Arrival Fallacy

    Send us Fan Mail Many of us have fallen into the trap of arrival fallacy, or the belief that you'll finally have lasting happiness once you achieve a specific goal our outcome.  Yes, reaching goals can make us feel happy for a while, but eventually that becomes your new baseline and life goes back to "normal." Learning to enjoy the journey which is going to include both ups and downs will lead to more happiness now.  Tune in each week to learn more on how to grow your wealthy mindset!  Please subscribe and leave a review on your favorite Podcasting platform.  Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang  Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...

  5. Sep 2

    Episode 216: Beyond the Password: Securing Your Financial Accounts

    Send us Fan Mail After receiving an email from Vanguard urging a security profile update, I took a deep dive into the security options financial institutions are pitching to customers today. From AI-vulnerable voice prints to phone biometrics and multi-factor authentication, not all security layers are created equal. In this episode, we break down what features actually protect your retirement and brokerage accounts, why 3-second AI voice clones make voice authentication a major risk, and how hardware differences between iPhone and Android impact your mobile banking safety. Key Topics Covered: Vanguard Email Audit: How to safely navigate official-looking marketing emails, domain redirects, and link safety. The AI Voice ID Trap: Why voice biometrics are easily bypassed by generative AI tools like ElevenLabs, and why podcasters and public speakers are especially vulnerable. On-Device Biometrics Explained: The crucial security differences between Apple’s 3D TrueDepth Face ID, Google Pixel’s Class 3 machine learning, and Samsung’s ultrasonic fingerprints. Smart MFA & Transfer Locks: Best practices for multi-factor authentication, trusted devices, and how outgoing transfer locks add an extra vault door to your wealth.   Mentioned URLs Vanguard Direct Security Profile URL: https:\\security-profile.web.vanguard.com Vanguard Official Login: https:\\logon.vanguard.com Please subscribe and leave a review on your favorite Podcasting platform.  Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang  Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...

  6. Aug 26

    Replay Episode 88: Shifting from Scarcity to Abundance with Dr. Liz Aguirre

    Send us Fan Mail Dr. Liz Aguirre is a remarkable women. She grew up in poverty without reliable access to food or shelter and is now a mom, wife, and a physician with passion for person-centered health. We talk about how she grew her wealthy mindset and how coaching has assisted that journey. I am so lucky to have great clients like Dr. Liz.  You can find Liz Aguire at: https://www.lizaguirremd.com/ Watch Liz’s TEDx Talks:  End Professional Burnout: Become More Energized and Less Stressed https://youtu.be/Mo9DS6kBDyY Why the Secret to Fulfillment is Imagination https://youtu.be/_D9zcEOheqc Please subscribe and leave a review on your favorite Podcasting platform.  Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang  Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...

    Replay Episode 88: Shifting from Scarcity to Abundance with Dr. Liz Aguirre

  7. Aug 19

    Episode 215: Is the Free $1,000 From a Trump Account Actually a Trap

    Send us Fan Mail Trump Accounts (technically known as 530A IRA savings plans) became available for parents looking to build wealth for their kids. But are they actually worth it? In this follow-up to Episode 198, we dive deep into the strict rules, surprising lack of tax breaks for individuals, and the heavy impact these accounts can have on college financial aid. However, there are two massive exceptions: a free $1,000 government grant for specific children and a potential tax loophole for business owners.   What We Cover in This Episode: The Basics: What a 530A Trump Account is, who qualifies, and how to open one using IRS Form 4547.The Free $1,000 Grant: Why parents of children born between January 1, 2025, and December 31, 2028, should absolutely open an account, even if they never contribute a single penny.The Business Owner Loophole: How entrepreneurs and private practice owners can use their business to make a $2,500 tax-deductible contribution. The Hidden Downsides: Why individual/parent contributions are not tax-deductible.The strict investment lock-up period until the child turns 18.Lack of diversification: Why these accounts are heavily concentrated in a handful of massive AI tech stocks.The financial aid trap: Why student-owned assets can aggressively hurt your FAFSA calculations compared to 529 plans or Roth IRAs.  The Ultimate Verdict Scenario A: If your kid qualifies for the free $1,000 government grant, open the account immediately via IRS Form 4547 or the Trump Accounts App. Take the free cash, let it sit in the U.S. stock market, and do not add your own money. Scenario B: If they don't qualify for the grant and you aren't a business owner utilizing the employer deduction, pass on it. You are almost certainly better off using a Roth IRA, a 529 plan, or a standard Custodial Account (UTMA/UGMA). ⚠️ Disclaimer: I am a podcast host, not a CPA! Financial laws and tax strategies have a lot of fine print. Always consult with a certified tax professional or CPA before making major changes to your business or family investing strategy. Please subscribe and leave a review on your favorite Podcasting platform.  Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang  Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...

  8. Aug 12

    Replay Episode 46: Accredited Investor and other Investor Classifications

    Send us Fan Mail In this episode, I discussed what is an Accredited Investor and what opportunities are available to people who qualified and an Accredited Investor. I also discussed Qualified Client and Qualified Purchaser. Welcome to the world of expanded investment opportunities! Please subscribe and leave a review on your favorite Podcasting platform.  Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang  Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...

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Grow your wealth by working on your mindset and up leveling your game. Your thoughts about money have created your current financial net worth. Sadly, there are many physicians who are have earned a good income but have not built wealth. More and more physicians are becoming burned out as our health care system continues to change. Join the movement of physicians embarking on the journey to take matters in our own hands so we can continue to thrive. Tune in each week to learn more on how to grow your wealthy mindset! Imagine your life when you have the financial knowledge to create wealth so you can practice medicine on your own terms. Please subscribe and leave a review on your favorite Podcasting platform. You can learn more about Elisa at her website or follow her on social media. Website: www.GrowYourWealthyMindset.comInstagram https://www.instagram.com/GrowYourWealthyMindsetFacebook https://www.facebook.com/ElisaChianghttps://www.facebook.com/GrowYourWealthyMindsetYouTube: https://www.youtube.com/c/WealthyMindsetMDLinked In: www.linkedin.com/in/elizabeth-chiang-0582a432

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